Ellerslie, Edmonton · MLS® E4502028
211
746 sq ft · 190 m² lot · Townhouse · Single Family · built 2005 · 82 days on market
listed by Diana Fendrykowski, Royal Lepage Arteam Realty
Fantastic opportunity in highly sought-after Ellerslie! This beautifully updated 2 bedrooms condo offers a modern design with high vaulted ceilings and an open, airy feel. Featuring two spacious bedrooms, a large bathroom, heated floors, and a bright living area, this home is both stylish and comfortable. The newer kitchen is equipped with updated appliances and plenty of cabinet space, perfect for everyday living. Enjoy a huge private balcony overlooking a peaceful green space ideal for relaxing or entertaining. Freshly painted and move-in ready, this quiet unit also comes with low condo fees and included parking. Located close to shopping, transportation, parks, and all major amenities, this is an ideal home or investment in one of Ellerslie's best locations. For sale now don't miss this opportunity.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $870 · strata $428 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Edmonton: CMHC's average there ($1,598) raised by what new tenants pay against everyone in the Edmonton area. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Catchment schools, Edmonton Public Schools
24546.6 km away · 5730 - 11A Avenue NW, Edmonton · (780) 463-1854 · website
24547.7 km away · 1434 - 80 Street NW, Edmonton · (780) 462-7954 · website
24548.2 km away · 2707 Millwoods Road NW, Edmonton · (780) 462-3322 · website
From the Edmonton Public Schools's published catchment maps (2021, the latest published). A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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$188,500
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $188,500 |
| 2025 | $167,500 |
| 2024 | $154,000 |
| 2023 | $151,000 |
| 2022 | $146,000 |
| 2021 | $143,000 |
| 2020 | $161,000 |
| 2019 | $163,500 |
From City of Edmonton open data (property assessments), matched to #48 150 EDWARDS DRIVE SW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $1,953 a year
The 2026 assessment times Edmonton's 2026 residential rate of 10.36 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Walkability 45/100 · Somewhat walkable: some errands on foot
Within a 10 minute walk: 7 parks and playgrounds, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.